Mozido raises USD 30 mln

Monday 9 December 2013 07:56 CET | News

Mozido, a provider of white-label, mobile financial, commercial and marketing services, has raised USD 30 million.

The funding is the first round of a committed USD 70 million round of financing led by a Boston-based investment adviser with assets under management of USD 500 billion.

In recent news, Mozido has unveiled an investment from Latin American businessman Adolfo Salume to implement mobile EcoSystem in El Salvador that is set to provide a range of marketing, retail and banking opportunities for the unbanked and under-banked population.

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Keywords: Mozido, funding, mobile payment, US
Categories: Payments & Commerce
Countries: World
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